Scarcity Mindset is operating out of fear. It results in making compromising decisions because you are scared that you won't be able to pay your immediate bills. It's a good thing to live within your means. But it’s a bad thing to allow scarcity to breed shortsightedness and keep you focused only on the now.

Scarcity Mindset only ever breeds more of the same. You won’t ever get ahead of it. You have to start by making decisions. You have to start by changing the way that you think even when you’re not where you want to be yet. We talk about how to adopt a success-oriented mindset.